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$ACVA ACV AUCTIONS CLASS A
$10.41 +44.18% Sep 11, 11:45 PM UTC
Trend: StrongEntry: ExtendedRelative strength: ImprovingRisk: High
ATR 5.8% · 1Y DD 60% · 4 dist days · 21 gaps
The long-term picture is intact. The stock is holding above a rising 200-day moving average — the market's long-term memory — and the 50-day average, where active money has been buying, sits above the 200-day, confirming the trend is healthy. The stock is also gaining ground versus the S&P 500, earning its place in the portfolio rather than simply riding the market higher. However, the shares are 39% above the 50-day average, making the current reward/risk less attractive. The first constructive entry zone is near the 50-day average at $7. A decisive close below the 200-day at $7 would break the long-term structure — that's where the thesis is wrong. Risk state is high: ATR 5.8% · 1Y DD 60% · 4 dist days · 21 gaps.
Key Statistics
Open$10.45
High$10.46
Low$10.41
Prev Close$7.22
Mkt Cap$1.77B
Volume114.90M
Avg Vol8.83M
P/E (TTM)N/A
52-wk High$10.60
52-wk Low$4.07
Beta1.47
EPS (TTM)N/A
Latest Signals
Analyst Call & Thesis
No analyst call available
Related Prediction Markets
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About ACV AUCTIONS CLASS A
ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership. The company offers marketplace platform includes digital marketplace that connects buyers and sellers by providing auctions, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green customer assurance services for claims against defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage to facilitate auction business with commercial partners, such as fleet, rental car, and financial sector consignors. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software that enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, Apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.